Valuation multiples · UAE

What is a logistics company worth in the UAE?

Logistics, transport and distribution SMEs transact around 7–8× EBITDA — a comparatively tight, high band that reflects how contractable the revenue is. The UAE’s position as a re-export and distribution hub keeps buyer interest steady; what varies is how much of your volume is locked in versus spot.

The multiple band we’d apply

The headline basis is EBITDA, read alongside the capex line: a logistics P&L is only as good as the fleet and equipment behind it. Buyers model maintenance capex and replacement cycles into normalised earnings — an ageing fleet flatters EBITDA today and gets repriced in diligence.

EV / EBITDA
7–8×
EV / Revenue (cross-check)
0.5–1.2×

These are SME transaction bands from global deal data — open-source GCC/MENA SME comps are too thin to quote as a separate series, so treat the range as the starting grid, not a Gulf-specific promise. They are not public-market multiples: a quoted comparable carries a size and illiquidity discount of roughly 15–35% before it applies to a private SME. Size then moves you within the band — larger, cleaner businesses clear the top; smaller, owner-dependent ones price near the bottom.

What moves you inside the band

Contracted volume share

Multi-year contracts with committed volumes or minimums price at the top of the band; spot and brokered loads price at the bottom. The contract file is the valuation in this sector.

Customer concentration

Distribution businesses often grow around one or two anchor accounts. Above ~25–30% with a single shipper, expect the conversation to move from price to structure.

Fleet age and capex profile

A documented, mid-life fleet with a sane replacement schedule supports normalised EBITDA. Deferred maintenance is found every time — and deducted with a margin of safety.

Lane and niche defensibility

Specialised capability — cold chain, hazmat, bonded warehousing, last-mile density in a defined zone — earns the top of the band. Generic capacity competes with every truck in the market.

A multiple prices the enterprise — you bank the equity

Multiplying earnings by a band produces an enterprise value (EV). What a sale actually puts in your pocket is equity value: EV minus debt and debt-like items (shareholder loans, end-of-service liabilities, overdue payables), plus genuinely surplus cash, adjusted for working capital. Two businesses with identical EV can hand their owners very different proceeds once that bridge is built — which is why our calculator returns both numbers, not just the headline.

Frequently asked questions

What EBITDA multiple do logistics companies get in the UAE?

SME logistics and distribution transactions cluster around 7–8× EBITDA (global SME bands). Contracted, recurring volumes with a spread customer base and a healthy fleet put you at the top; spot-heavy revenue and deferred capex pull you down — often below the band via the normalisation, not the multiple.

Do my trucks and warehouse add to the price?

Operating assets needed to generate the EBITDA are inside the enterprise value, not added on top. Genuinely surplus assets — spare land, an idle warehouse — can be carved out or added in the bridge. Owned-versus-leased mainly changes the debt picture, which the EV→equity bridge makes explicit.

We run asset-light freight forwarding — same band?

Forwarding and brokerage are priced on the durability of the customer book and margin per file rather than assets; tight, recurring accounts can hold the band, but pure spot brokerage trades below it. The calculator’s quality scoring captures most of that spread.

Get your range in five minutes

The free calculator applies these same bands to your numbers — the earnings basis chosen by company size, the position inside the band set by quality — and returns an enterprise-value range with the EV→equity bridge, not a single flattering point.

Before you anchor on a number

Indicative only. This figure is an automated, indicative estimate generated from the limited information you provided and from general market data for comparable companies. It is not a valuation, an appraisal, a fairness opinion, or financial, investment, legal, tax, or accounting advice, and it is not an offer or a solicitation to buy or sell any business or security. Every business is different; an indicative range produced from sector averages can differ materially from the price an actual buyer or investor would pay.

No reliance; subject to diligence. Fiducia Adamantina gives no representation or warranty as to the accuracy or completeness of this estimate and accepts no liability for any decision taken in reliance on it. Any real valuation depends on full financial and legal due diligence, the specific facts of your business, and prevailing market conditions at the time of a transaction. You should not act, or refrain from acting, on the basis of this output alone. For a defensible assessment, speak to us directly.